TVS Motor Company surges on posting 22% sales growth in October 2014

03 Nov 2014 Evaluate

TVS Motor Company is currently trading at Rs. 262.90, up by 3.30 points or 1.27% from its previous closing of Rs. 259.60 on the BSE.

The scrip opened at Rs. 262.10 and has touched a high and low of Rs. 266.55 and Rs. 262.00 respectively. So far 231923 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 266.55 on 3-Nov-2014 and a 52 week low of Rs. 46.70 on 12-Nov-2013.

Last one week high and low of the scrip stood at Rs. 266.55 and Rs. 248.80 respectively. The current market cap of the company is Rs. 12535.17 crore.

The promoters holding in the company stood at 57.40% while Institutions and Non-Institutions held 23.47% and 19.14% respectively.

TVS Motor Company has posted a sales growth of 22% during the month of October 2014, with total sales increasing from 197,905 units recorded in the month of October 2013 to 241,044 units in the month of October 2014. The company's total exports grew by 51% with sales increasing from 23,154 units in the month of October 2013 to 34,855 units in October 2014.

Total two wheeler exports grew by 22% with sales increasing from 189,979 units in October 2013 to 231,990 units in October 2014. Domestic two wheeler sales grew by 18% increasing from 173,229 units in October 2013 to 204,294 units in October 2014.

Scooters sales of the company grew by 68% increasing from 42,124 units in October 2013 to 70,571 units in October 2014. Motorcycles sales grew by 10% increasing from 82,352 units in the month of October 2013 to 90,779 units in October 2014. Further, three wheeler sales of the company registered an increase of 14%, growing from 7,926 units in October 2013 to 9,054 units in October 2014.

TVS Motor Company is the flagship of the $7 billion Indian conglomerate, TVS Group which recently celebrated one hundred years in the automotive business in India.

TVS Motor Share Price

2142.15 -13.45 (-0.62%)
22-May-2024 16:01 View Price Chart
Peers
Company Name CMP
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